What Year Did Inf Open Their IPO

What Year Did Inf Open Their IPO?

Inf, also known as Infibeam Avenues Limited, opened their initial public offering (IPO) in the year 2016. This marked a significant milestone for the company as it allowed them to raise capital by selling shares to the public for the first time. The IPO was a success, and it played a crucial role in the growth and expansion of Infibeam Avenues Limited.

Infibeam Avenues Limited is an Indian e-commerce and digital payment solutions provider. It operates multiple platforms, including Infibeam.com, which is an online marketplace offering a wide range of products, and CCAvenue, a leading payment gateway service in India. The company serves businesses and individuals with its innovative technology solutions, facilitating seamless transactions and enhancing the overall e-commerce experience.

The decision to go public through an IPO was driven by Inf’s ambition to fuel their growth, expand their market presence, and raise capital for future investments. By allowing the public to invest in the company, Infibeam Avenues Limited aimed to attract funds needed to pursue their long-term goals and accelerate their business plans.

The IPO of Infibeam Avenues Limited took place in March 2016. The company offered approximately 1.77 crore equity shares to the public at a price band of INR 360 to INR 432 per equity share. The IPO received an overwhelming response and was oversubscribed by more than 100 times, reflecting the investors’ confidence in the company’s potential.

The funds raised through the IPO were allocated towards various purposes. Infibeam Avenues Limited intended to strengthen its e-commerce platform, expand its product offerings, enhance its technology infrastructure, and invest in marketing and promotional activities. Additionally, the company aimed to develop new products and services, explore strategic acquisitions, and make investments in subsidiaries and joint ventures.

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Since their IPO, Infibeam Avenues Limited has continued to witness growth and diversification. They have expanded their product range, introduced new features and services, and forged strategic partnerships to enhance their market position. The company’s strong focus on innovation, customer-centric approach, and robust technology infrastructure have contributed to their success in the e-commerce and digital payment solutions sector.


Q: What is an IPO?
A: IPO stands for Initial Public Offering. It is the process through which a private company offers its shares to the public for the first time, allowing individuals and institutional investors to buy ownership stakes in the company.

Q: Why do companies go public through an IPO?
A: Companies go public through an IPO to raise capital, increase their market visibility, enhance their brand value, and provide liquidity to existing shareholders. It also allows companies to access a broader investor base and facilitates future fundraising opportunities.

Q: How does an IPO work?
A: In an IPO, the company hires investment banks to underwrite and manage the offering. These banks help determine the offer price, market the shares to potential investors, and handle the regulatory requirements. The company’s shares are then listed on a stock exchange, making them available for trading to the public.

Q: What are the benefits of investing in an IPO?
A: Investing in an IPO can provide investors with an opportunity to buy shares of a company at an early stage, potentially leading to significant capital appreciation if the company performs well. Additionally, IPOs can be an avenue to diversify investment portfolios and participate in the growth of promising companies.

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Q: How can I participate in an IPO?
A: To participate in an IPO, individuals can approach their stockbrokers or use online trading platforms that offer IPO applications. The process typically involves filling out an application form and submitting the required documents and funds within the specified time frame.

In conclusion, Infibeam Avenues Limited opened their IPO in 2016, allowing them to raise capital and expand their business operations. The IPO was a resounding success and played a crucial role in the growth and development of the company. Infibeam Avenues Limited continues to thrive in the e-commerce and digital payment solutions sector, driven by their commitment to innovation and customer satisfaction.

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